The Traderszone Network

Published in TZ Latest News 15 June, 2014 by The TZ Newswire Staff

Fed in focus as investors seek reassurance

Investors will look to the Federal Reserve for reassurance in the coming week, with little economic data to assuage their concerns over the strength of the global recovery, amid signs Iraq may be sliding into civil war. The Fed, which wraps up a policy meeting on Wednesday, is expected to keep steadily reducing its massive bond-buying stimulus by $10 billion per month. Financial markets will be listening out for any hints on when the U.S. central bank might begin raising interest rates. “The Federal Reserve is preparing to move to the second step of the monetary policy exit.